$141,000
SOLD FEB 21, 2020

7246 Wrightsville Ave Unit 106 Wilmington, NC 28403

Airlie Neighborhood
1 Bed
1 Bath
312 Sq Ft
$268/mo HOA Fee

Recently Sold

$452 Per Sq Ft

9% Below List Price

2 Days on Market

Highlights

  • Intracoastal View
  • Main Floor Primary Bedroom
  • Community Pool
  • Wrightsville Beach Elementary School Rated A-
  • Furnished
  • Resident Manager or Management On Site

About This Home

As of February 2020

Completely Remodeled! Incredible investment opportunity at The Waterway! Moments from the crystal clear waters of Wrightsville Beach, NC. Conveniently located across the street from the beautiful Intracoastal Waterway and the drawbridge to Wrightsville Beach. Our unique location allows you to watch the boats navigate the waterway and is just steps from some of the finest area restaurants. The Bridge Tender, Fish House and Dockside restaurants are across the street. Plus we're just moments from Wrightsville Beach.Seller is Licensed NC Real Estate Broker

Last Agent to Sell the Property

Luke Waddell

Cadence Realty Corporation License #272930 Listed on: 01/27/2020

Last Buyer's Agent

Sherri Ingle

Intracoastal Realty Corp

Intracoastal Realty Corp

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $836

Year Built

  • Built in 1965

HOA Fees

  • $268 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Architectural Shingle Roof
  • Membrane Roofing
  • Concrete Siding
  • Block Exterior
  • Stick Built Home

Interior Spaces

  • 312 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Combination Dining and Living Room
  • Tile Flooring
  • Intracoastal Views

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Home Security

  • Pest Guard System
  • Termite Clearance

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Location

  • Flood Insurance May Be Required

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heat Pump System
  • Co-Op Water
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number R05714-008-004-008

Community Details

Overview

  • Roof Maintained by HOA
  • Master Insurance
  • Waterway Condo Subdivision
  • Maintained Community

Recreation

  • Community Pool

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$836

Year Built

Built in 1965

Lot Details

0

HOA Fees

$268 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Block, Concrete
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: 1st Floor Unit, One
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Tile
  • Heated Sq Ft: 200 - 399
  • Interior Amenities: Furnished, None
  • List Price per Sq Ft: 496.79
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 1
  • Number Rooms: 1
  • Primary Bedroom Level: First
  • Sq Ft Heated: 312.00
  • Total Heated Primary Separate Sq Ft: 312.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Block
  • Fencing: None
  • Foundation: Slab
  • Porch Balcony Deck: None
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Architectural Shingle, Membrane
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Garage And Parking Other See Remarks: Asphlt,Lghtd
  • Parking Driveway: On Site, Paved

Utilities

  • Cooling System: Wall/Window Unit(s)
  • Fuel Tank: None
  • Heating System: Heat Pump, Other-See Remarks
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Cable, Pest Control, Water, Trash, Termite Bond, Taxes, Street Lights, Sewer, Roof, Community Pool, Master Insure, Management, Maintenance Structure, Maint - Grounds, Maint - Comm Areas, Flood Insurance
  • HOAAssociationFee1Year: 3215.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 1093.00
  • Lot Dimensions: condo
  • Plat Book: 3376
  • Plat Page: 0119
  • Zoning: C5
  • Lot View Type: ICW View, Water View

Rental Info

  • Rental Income Gross Rental Income: 14083.55

Tax Info

  • Tax Identifier: R05714-008-004-008
  • Tax Year: 2019

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2020
Closed on
Feb 21, 2020
Sold by
Waterway Holdings Llc
Bought by
Hunter Properties Llc
Seller's Agent
Luke Waddell
Cadence Realty Corporation
Buyer's Agent
Sherri Ingle
Intracoastal Realty Corp
List Price
$155,000
Sold Price
$141,000
Premium/Discount to List
-$14,000
-9.03%
Current Estimated Value
$306,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,699
Avg. Annual Appreciation
15.82%

Purchase Details

Listed on
Feb 8, 2018
Closed on
Apr 25, 2019
Sold by
Cwest Llc
Bought by
Waterway Holdings Llc
Seller's Agent
Luke Waddell
Cadence Realty Corporation
Buyer's Agent
Luke Waddell
Cadence Realty Corporation
List Price
$120,000
Sold Price
$100,000
Premium/Discount to List
-$20,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.65%
Original Mortgage
$75,614
Interest Rate
4.3%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 17, 2015
Sold by
Wcwsr Llc
Bought by
Cwest Llc

Purchase Details

Closed on
May 6, 2014
Sold by
Walker Judy C
Bought by
Wcwsr Llc

Purchase Details

Closed on
Nov 8, 2004
Sold by
Walker Judy C Administrator
Bought by
Walker Judy C

Purchase Details

Closed on
Oct 29, 2003
Sold by
Walker Donald R
Bought by
Walker Judy C Administrator

Purchase Details

Closed on
Oct 25, 2000
Sold by
A & J Associates
Bought by
Walker Donald R

Purchase Details

Closed on
Mar 8, 1994
Sold by
Mciver Alexander Jr Julia R
Bought by
A & J Associates

Purchase Details

Closed on
May 1, 1987
Sold by
Waterway Ltd
Bought by
Mciver Alexander Jr Julie R

Purchase Details

Closed on
Jan 1, 1982
Bought by
Waterway Ltd
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $141,000 None Available
Warranty Deed $100,000 None Available
Special Warranty Deed -- None Available
Warranty Deed $225,000 None Available
Deed -- --
Deed -- --
Deed $65,500 --
Deed -- --
Deed $35,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $75,614 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2020 02/21/20 Sold $141,000 -9.0% $452 / Sq Ft
01/29/2020 01/29/20 Pending -- -- --
01/27/2020 01/27/20 For Sale $155,000 +55.0% $497 / Sq Ft
05/06/2019 05/06/19 Sold $100,000 -16.7% $321 / Sq Ft
02/08/2019 02/08/19 Pending -- -- --
02/08/2018 02/08/18 For Sale $120,000 -- $385 / Sq Ft
Source: Hive MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $836 $154,100 $0 $154,100
2022 $843 $154,100 $0 $154,100
2021 $874 $154,100 $0 $154,100
2020 $673 $98,600 $0 $98,600
2019 $673 $98,600 $0 $98,600
2018 $505 $98,600 $0 $98,600
2017 $688 $98,600 $0 $98,600
2016 $720 $95,300 $0 $95,300
2015 $674 $95,300 $0 $95,300
2014 $655 $95,300 $0 $95,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100201431

Hive MLS

APN: R05714-008-004-008